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111 Main Street

Grafton, IL 62037
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Bed 8

Bed

Bath 4

Bath

SqFt2,075

Sqft

Discover an exceptional turnkey investment opportunity in the heart of historic Grafton. Currently operating as a successful short-term guest house with four separate guest units. Character, comfort, outdoor entertainment and water views. With multiple income producing accommodations, this property is ideally suited to live in one and rent the others! The rear entry 2 car garage with manual overhead doors has ample space for all your boats and other toys or tools. Unit 1 sleeps eight comfortably, offering two double beds on the main, handicapped accessible shower, kitchenette and two bedrooms on the upper lever with original 1900's stairway. Unit 2 sleeps six and has an open concept with private bathroom. All units have newer wall mount air/heat. Off the back of the house is the most dist inctive Art Deco block addition that serves as two efficiency units. Unit 3 sleeps two offers full kitchen, full bath. Unit 4 sleeps two, efficiency with corner shower. Laundry in hall leading to two car tuck under garage with expansive basement area extending beneath the patio and home providing significant storage. This property has been updated inside and out including the roof in 2018. This unique property offers a rare opportunity to acquire a distinctive hospitality investment in one of the area's most popular destinations along the river with Grafton's tourism, river recreation, wineries, shops & festivals makes this an appealing investment. Call your favorite Broker today. No showings on weekends. Must be approved buyer, cash or conventional.

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Detail Ic Property Details

Property Type : Residential

Price : $494,900

AD Id : 89521860

MLS Id : MIS26051985

Beds : 8

Living Area Size : 2,075

Year Built : 1900

Garage : 2

County : Jersey

Subdivision: Not In A Subdivision

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Feature Features

  • Bedroom Information

    Total Bedroom: 8

    Bathroom Information

    Total Baths: 4 Full Baths: 4

    Room Information

    Rooms Total: 14 Has Basement: Yes

    Interior Features

    Ceiling Fan(s), Center Hall Floorplan, Dining/Living Room Combo, Kitchen/Dining Room Combo, See Remarks Roof: Architectural Shingle Appliances: ENERGY STAR Qualified Appliances

    Roofing Information

    Architectural Shingle
  • Flooring Information

    Flooring: Vinyl Construction Materials: Block, Concrete, Frame, Other, See Remarks
  • Heating & Cooling

    Heating: Electric, Forced Air, Varies by Unit Cooling: Ceiling Fan(s), Electric, ENERGY STAR Qualified Equipment, Multi Units WaterSource: Public

  • Building Information

    Year Built: 1900
  • Exterior Features

    Balcony, Ramp Entry, Storage Construction Materials: Block, Concrete, Frame, Other, See Remarks Foundation Details: Block, Combination
  • Pool Features

    Private Pool: None

  • Lot Information

    Lot Dimensions: 39.75 x 90 Lot Description: City Lot

    Property Information

    Property Type: Residential Sub Type: Single Family Residence Style: Traditional Structure Type: House, Mixed Use

  • Listing Price Information

    Original List Price:$494900

  • Tax Information

    Tax Legal Description: Original town of Grafton W 39.75' Lot 4 Block 7 Annual Tax: $5129 Tax Year: 2024 Parcel Number: 0820700400

  • Parking Information

    Total Parking: 2 Garage, On Street

    Garage Information

    Has Garage: Yes Garage Space: 2

  • School Information

    Elementary School: JERSEY DIST 100 Junior High School: JERSEY DIST 100 Senior High School: Jerseyville
  • Utility Information

    Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Connected, Water Connected Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: not in a subdivision City: Grafton Direction: Grafton to Main St. across from City Hall
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Nearby Home Value

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21015 Hickory Street, Grafton, IL, 62037 $349,000 4 3 2,505 2,505 SqFt
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437 Sandpiper, Grafton, IL, 62037 $435,000 -- -- --
419 Sandpiper Lane, Grafton, IL, 62037 $355,000 3 2 2,150 2,150 SqFt
16021 Pellikan Lane, Grafton, IL, 62037 $470,000 4 3 2,820 2,820 SqFt
121 N Cedar Street, Grafton, IL, 62037 $269,900 5 2 --
107 N Market Street, Grafton, IL, 62037 $229,000 2 2 --
401 Timber Ridge Drive .., Grafton, IL, 62037 $212,000 3 2 1,381 1,381 SqFt
1 Tara Point Drive, Grafton, IL, 62037 $2,500,000 5 6 4,800 4,800 SqFt
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ByOwner last updated this listing 08/18/2026 @ 06:20

MLS: MARIS2 #26051985 LISTED BY: Wendi Mielke, Market Pro Realty, Inc 618-251-9121 SOURCE: MARIS MLS (Listings courtesy of MARIS MLS as distributed by MLS GRID)

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